Hold SOL on CoinList, Earn 5.5% APY
We're excited to announce that Solana (SOL) auto-staking is now live on CoinList.
Just hold SOL in your account to earn up to 5.5% APY—no action needed. We handle delegation behind the scenes, so your SOL stays accessible while earning rewards.
CoinList & Solana: A Brief History
Solana made waves in the crypto space when it launched on CoinList back in 2020, selling 8 million SOL tokens at a clearing price of $0.22. Fast forward to today, the SOL token is up nearly 683x, and Solana has transformed from a promising newcomer into the most popular blockchain ecosystem of 2024, attracting massive retail, institutional, and builder interest. With the launch of Solana auto-staking on CoinList, we continue to support Solana’s growth by providing users an easy way to earn rewards while helping secure the network.
How Auto-Staking Works
- Hold SOL in Your Account: Once SOL is in your CoinList wallet (either through deposit or purchase), you’re automatically enrolled in staking. No manual opt-in or vault deposit is needed.
- Earn Rewards: Staking rewards accrue as CoinList delegates your SOL to trusted validators on your behalf. Rewards are distributed periodically.
- No Extra Steps to Unstake: Because this is auto-staking, your SOL remains available in your CoinList account. Protocol-specific requirements and timelines for unstaking still apply if you move your tokens off the platform.
Eligibility & Restrictions
Auto-staking (and trading) of Solana on CoinList is prohibited for residents of the U.S. (including all U.S. territories), Canada, and other unsupported jurisdictions.
FAQ
1. What if I need to trade my SOL?
Because your tokens remain in your CoinList account, you can trade anytime. However, you will forfeit rewards.
2. How do I see my staking rewards?
You can view your current and historical rewards in your CoinList wallet dashboard. Rewards are automatically added to your SOL balance in the middle of each month.
3. Is my principal guaranteed?
Staking—and holding crypto assets—comes with risks, including market volatility. Rewards are not guaranteed and can vary based on validator performance and network factors.
4. Who can participate?
Anyone whose region is supported by CoinList and does not violate local regulations can hold SOL in their CoinList account to earn auto-staking rewards.
5. Who is eligible for SOL trading and staking?
SOL trading and staking is prohibited for residents in the U.S. including all U.S. territories, Canada, and other unsupported jurisdictions.
6. How does SOL Staking work?
When you deposit or purchase SOL on CoinList, you may be eligible to receive staking rewards by keeping SOL in your CoinList Wallet. Once you deposit SOL into your CoinList Wallet, you are automatically opted into staking rewards. There is no action required on your end to participate.
7. What fees are charged for this staking service?
A 15% fee will be taken from your earned staking rewards. Your staked principal will not be affected by the fee. You can find updated information about the fees here.
8. Do I have to buy my SOL on CoinList to earn staking rewards?
No. Users who have purchased SOL from other exchanges can deposit SOL into a CoinList Wallet to start earning rewards.
9. How much are SOL staking rewards?
Rewards are determined on the protocol level. The estimated reward takes into account CoinList’s the validator's fee.
10. Who is the SOL staking provider for CoinList?
SOL tokens held in CoinList Wallets are delegated to nodes operated by Figment.
Legal notice
This blog post is being distributed by CoinList Global Services Ltd., dba “CoinList,” or one of its subsidiaries. CoinList does not provide—and this post shall not be construed as—investment, legal or tax advice. This blog post and use of the CoinList website is subject to certain disclosures, restrictions and risks, available here. Actual staking rewards may vary.